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US Senate Finance Committee releases proposals for international business tax reform

|Proposed Changes|United States
United States

The US Senate Committee on Finance has announced the issuance of a staff discussion draft on international business tax reform. The announcement was made in a Press Release dated 19 November 2013.
The issued discussion draft is the first in a series of discussion drafts to overhaul the US tax code. It proposes a modern, competitive, simpler, and fairer international tax system by means of:

-   reducing incentives for US and…

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